Metallurgical Corp. of China Ltd. (OTCMKTS:MLLUY – Get Free Report) gapped up before the market opened on Monday after the company announced a dividend. The stock had previously closed at $3.82, but opened at $4.02. Metallurgical Corp. of China shares last traded at $4.02, with a volume of 104 shares.
The newly announced dividend which will be paid on Friday, August 29th. Shareholders of record on Tuesday, July 29th will be issued a dividend of $0.1092 per share. The ex-dividend date is Monday, July 28th. This represents a yield of 2.86%. Metallurgical Corp. of China’s dividend payout ratio is presently 19.18%.
Metallurgical Corp. of China Stock Performance
The company has a 50 day simple moving average of $3.80 and a 200-day simple moving average of $3.87. The company has a quick ratio of 0.92, a current ratio of 1.04 and a debt-to-equity ratio of 0.33.
Metallurgical Corp. of China Company Profile
Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. The company’s Engineering Contracting segment offers engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.
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